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20130119
20130119
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Search Results 0 to 48 of about 49 (some duplicates have been removed)
that saying, fine, we're going to extend this debt ceiling. we're going to pass something for a short period of time but in the interim we better get sot cuts. >> you're talking about what the house republicans put out today. isn't -- i hate to use the term -- kicking the can down the road. isn't this just taking us back to where we were before, delaying the inevitable? >> yes, but it's not just about the debt ceiling. this is one of the reasons the inauguration comes at such a dreary times. we just had this boring fight. >> i thought it was exciting . >> that's not exciting lemplet -- that's not exciting. >> he clearly has a different idea of exciting. >> there was a fight about the sequester and the regular roll budget. the debt ceiling is one where real ugly consequences were likely to happen. an they were likely to get blamed. they want to move that to the last of fights. . it's still going to be the same fight over how do you distribute resources in the time of scarcity? >> president obama stared them down on this. he said i'm not going to negotiate. a i'm not going -- this is a separat
thing to do is to pass a debt ceiling increase because we have to pay our bills. really leaving this uncertainty hanging over our already fragile recovery is irresponsible. and to suggest that we're not going to pay our bills or tie the debt that we have to pay to anything that the republicans want to extract out of president obama is irresponsible. >> yeah. the republican that i look to right now is john cornyn. what a reversal. this guy writes an op-ed in the hometown newspaper in houston and turns around and tells the editorial board something totally different. what does that say about their leadership? >> it says they are all over the map. it says they are basically a rudderless ship and it says that they really don't get what is at stake for us economically. president obama clearly does. we've had 34 straight months of job growth, begun to get this economy turned around, unemployment rate is continuing to drop. the stock market is doing well. but the republicans could very easily throw all that into the trash can if they continue to leave the market uncertain and potential
leader harry reid says if the house can pass a clean debt ceiling increase to avoid default and allow the white house to to meet its existing obligations we will be happy to consider it. they don't want the drama. >> debt ceiling in a manner that causes no concern to the economy and to global markets, that does not in any way suggest that washington is about to, you know, engage in another process that results in a self-inflicted wound to the economy. >> this afternoon, carney calls on congress to pass an extension of the borrowing limit without delay. bill? >> bill: get ready for another battle. thanks, mike. mike immanuel from washington tonight. top story as we go around the world tonight in 80 seconds. >> china, had happened after a cargo ship ran aground on some rocks and sprang a leak. the crew reportedly trapped for seven hours in stiff winds and wonderful waives. the helicopter team pulled all four people on board to safety in just 35 minutes. germany. we're getting our first look inside the elab bore brat tunnel thieves apparently used to pull off a bank robbery in berlin on
ceiling at least for now, raising it without actual passing of the equivalent number of spending cuts. you have to get every dollar for debt ceiling increases. they say the debt ceiling, they know it doesn't give them real leverage but gives them an opportunity to give real messaging. they wouldn't provide a show-down where they say not raising it. they come to terms with having lost the election. charles krauthammer wrote today, the general rule is from the single house of congress, you can't impose, aren't you failing the country? the country chose obama, if you want to save the republic, save the next election. if your conservative philosophy is indeed right, winning will come. joining me now, robert costa, and dave weigel, both of them doing great reporting, i appreciate you being here. robert, i want to start with you, tell me the thinking behind the three-month extension, why three months? >> a lot of it has to do public relations, i think what i heard from the retreat, and members in the room, they want to start to win the pr battle again, to do it they have to take the debt limit o
house republican leaders backed away from threats to use the federal debt ceiling to force cuts in spending agreeing to vote on a new debt limit increase that will last until mid april. the house republicans' new plan would give congress time to pass a budget for the next fiscal year. if no budget is passed house republicans say they'll withhold members' pay. in a statement house majority leader eric cantor said, quote, we must pay our bills and responsibly budget for our future. next week we will authorize a three-month temporary debt increase to give the senate and house time to pass the budget. furthermore if they fail to pass a budget in that time members of congress will not be paid by the american people for failing to do their job. no budget no pay. the president's apparent victory in the debt ceiling skirmish comes three days after the house finally passed a $50 billion aid package for victims of hurricane sandy that the white house had proposed. the vote on tuesday was another show of weakness for republicans as the gop leadership let the bill come to the floor despite
news. >> rick: switching gears, house republicans are expected to vote to raise the debt ceiling for three months giving congress more time to pass a federal budget. they're warning a failure to do that could result in a freeze of salary. a poll said government spending is out of control k. this new pressure fine will he be enough to get congress to act? our political panel joining us. kristy sellser is president of new heights communication and former spokesperson for vermont governor howard dean. trey hard sun a form republican campaign manager and former aide to the gop house leadership. good to sigh both. thanks for coming in. trey, this news about this idea that we're going to freeze congress' pay unless they pass a budget in the senate, now coming under attack. i guess because of something called the 27th amendment, which forbids congress to make any changes to pay until after the next election. is this still the right way to go for the gop? >> yes, i think it is. first of all, it's always a pleasure to be on fox with kristy. but i have been dying in anticipation today to s
the debt ceiling. okay. set it back with a condition. okay democrats in the senate. you have not passed a budget in three years. the reason why the democrats have control of the senate is that harry reid has said democratic senators in the witness protection program with ever -- whenever budget issues come up. twenty democrats are up for election in 2014. half of them should not be coming back of the continue to vote with obama on tax and spend crazy debt policies which is what they have been doing. i think it is very important for the american people to see what the senate has not done and to force them to act but that. gerri: you sure can't act -- argue with that. the senate has not passed a budget and 1,361 days. let me get a comment. it would stop pay to members of congress if they don't do some of these things, if they don't get a budget resolution. you in favor of that? >> i think it's a good idea for two reasons. senators have not been doing democratic leaders have not been doing their job for a long time. they should not get paid. if they're not willing to do it, the senate shou
, there are indications the party is trying to avoid being seen as obstructionist in this coming fight over the debt ceiling. in a big shift today, house republicans said they will vote to lift the limit for three months, but on the condition that the senate passes a budget. wall street liked this idea. the dow finished up almost 54 points to hit its highest closing level since december 10th of '07. nasdaq finished with a small loss. s&p 500 was up 5 points. also at five-year highs. >>> in washington tonight, it's starting to feel like a city that's about to host an inauguration. for the 57th time in the history of our republic, and host hundreds of thousands of people on a cold monday in january. our white house correspondent, peter alexander, is in lafayette park across from the white house, in front of the reviewing stand tonight. peter, good evening. >> reporter: brian, good evening to you. those are the best seats in the house, for a variety of reasons, including the fact they have heat. that's where the president and the first family will be watching monday's parade. the second obama inaugural
position, by asking them to vote in three months when the debt ceiling has to be raised again. the white house said to be encouraged but a provision calls for cutting pay for the chamber that does not passes the budget. some democrats not happy. and house minority speaker nancy pelosi saying it's a gimmick, unworthy of the challenges we face and the debate we should be having. the message from the american people is clear, no games no default. for more on this, i would like to bring kristin. what is the white house saying about the issue? >> reporter: craig, they are saying that they are encouraged by the fact that house speaker, john boehner, is putting forward a proposal that increases the debt limit without an equal amount of spending cuts. that was his long-held position a and he is abandoning that position, and saying that he will increase the debt ceiling for a period of three months and in that timeframe, the congress has to come up with a budget and that is a win from the democrats standpoint, but they do not like the idea of increasing the debt limit in increments. the question
the debt ceiling for three months until april 15. but there's a catch: they say within that time the senate and the house must pass budgets outlining their spending priorities for the year. now, that may not sound very difficult, but as republicans like to point out, senate democrats haven't passed a budget since 2009 and republicans say if they don't do so by april 15 then all members of congress should stop getting paid. >> pelley: but, nancy, why would the republicans abandon their demand for dollar-for-dollar spending cuts in exchange for raising the limit? >> well, in part they were worried about getting the blame if there was a default. this way they shift the burden to senate democrats to come up with a budget and they can still call for more spending cuts in three months when this comes up again. in the meantime, everyone gets a bit of breathing room which is why the white house may not have shot down the plan today-- even though they, of course, prefer a long-term extension of the debt ceiling, not just three months. >> pelley: nancy, thanks. president obama is about to begin his s
stuff. first off, two countries in the world, united states and sweden who have a debt ceiling. people got rid of it, because what jonas is saying, it's political. and the second issue is, i don't want our economy held hostage and run by washington, right now, the buffoons in congress have more power over the economy with the, you know, stupid idea. if we give them this type of power we've hurt ourselves, kick the power away as far as i'm concerned. >> isn't this a dangerous way to enforce fiscal discipline? shouldn't we be doing it because we have a budget and stick with it like most americans have to? >> well, we do have a budget, but the budgets aren't being passed. they're not being adopted. look, anything that keeps the focus on reducing debt and deficit in my mind is a good thing. getting rid of the debt limit is papering over the real uncertainty, which is american consumers, american investors don't know if and when washington will ever adopt a sensible fiscal policy. i wish we had it come up every month. >> gary b. basically steve is saying this eliminates some uncertainty and
the debt ceiling for three months. what this bill will actually do is set a provision that if the senate does not pass that budget in three months then their pay checks would be withheld, so that's the enforcement mechanism. it actually doesn't require any promise that the senate do its budget. there's conceiveably still the thought that they could not do the budget and not get paid. host: so then the house would respond in kind? tell us a little bit then why use this as a mechanism? >> the strategy here is they are trying to go on offense again, because they had a brutal holiday stretch of sort of failed negotiating ploys and in-fighting and they are trying to turn the tables so people will talk about why went to democrats cut spending? one way they can do that is by talking about the fact that the senate hasn't passed a budget in four years. it's uplimited value there's a conventional wisdom that it's not that important but when the people in the country hear that the senate hasn't passed a budget which sounds like a basic failure of their duty and it's an effective talking point the r
without being paid. the government could reach the current debt ceiling by mid-february. ray nagin, the mayor of new orleans during hurricane katrina, has been indicted on charges for corruption. a federal grand jury accused him today of bribery, wire fraud, and money laundering while in office. nagin was the city's mayor from 2002 until 2010. two former new orleans officials and two busessmen have already pleaded guilty in the case. u.s. attorney general eric holder today defended president obama's moves to curb gun violence. the president signed 23 executive orders this week, calling for such things as more research into gun violence. today, in washington, holder told the u.s. conference of mayors that there's no question the orders are legal. >> now let me be very clear. let me be very clear. not one of these executive orders contrary to what a few have said impinges upon anyone's second amendment rights or are inconsistent with the historical use of executive power. >> sreenivasan: some republicans have charged the president's executive action improperly bypassed congress. an e
an inauguration gift for president obama. they're offering up a compromise on the debt ceiling: a three month increase in the federal borrowing limit. it's expected to come to the house floor next week, but it comes with strings attached. the proposal includes a condition that house and senate lawmakers pass a budget blueprint for the coming year or go without pay. house majority leader eric cantor said it's simple. congress shouldn't be paid for failing to do its job. >> tom: next week 80 companies are scheduled to turn in their latest quarterly financial report cards. but rather than the short-term focus on the bottom line, our next guest thinks businesses need to consider all stakeholders, not just shareholders. john mackey is the co-founder and co-c.e.o. of whole foods market. he's author of "conscious capitalism: liberating the heroic spirit of business". john, why is concentrating on shareholders a myth as you call it? >> i don't know if concentrating on shareholders is a myth. i mean, most companies do concentrate on their shareholders. it's just not the best business strategy. because
of leverage? is it a de-escalation of the debt ceiling fight? >> they're trying to force the arm of the senate in this way, because they want the sflat to move and pass a budget. so this gives them more leverage and there are new polling out that say some people are kind of behind this republican tack of trying to push the senate to pass a budget. they want, people want reduction in spending. this might work for them. the white house is saying they're encouraged by this. i don't know. it could fall under the kick the can down the road for obama. >> i wonder with you, lauren. does this allow them to kick the can downed road or give them more time to come to a long-term asgreemt do up see the rest of the budget playing out any certain way now? >> alex, we have to look back to 2011 when we had the fight back then, which propelled us into the fiscal cliff. he ended up kicking the can down the road and i think that's what we'll see again here. we have to remember, two other major fiscal deadlines. xwet trags, automatic budget cuts coming up first week in march. government runs out of money ton keep
's another cmore c. house republicans agreed to raise the debt ceiling but just until april and insisted if democrats don't layout how they cut spending passing a senate budget by april law americas should not get paid. >> not only is it dramatic but it's effective and maybe it's the penalty phase that has been missing around this town for too long to get people to do what they are supposed to do. >> a tough beginning to the obama second term guaranteed before it even starts. i am steve handlesman wbal-tv 11 news. >> the governor may have been a special guest but one boy briefly stole the show. the governor addressed the students as the students were standing behind him. as you can see in this video one guy started swaying took a deep breath and passed out. he was carried out of the room for a brief time. when he returned he became the man of the hour as the governor gave him a little one-on-one time. >> poor little guy. >> we are assuming he's okay. >> maybe he's had the flu which apparently to fight the flu doctors are now using bugs to fight the flu bug. how a new vaccine was develope
: welcome back. time for a quick check of the headlines. new plan in congress could avert the latest debt ceiling crisis, at least for now. house republicans expect a vote twoness raise the government spending limit for another three months in hopes of giving lawmakers time to pass a federal budget. >> heather: a priest who suffered severe injuries in last summer's shooting rampage in a milwaukee temple is showing new signs of awareness. he's been largely unresponsive since the attack that claimed the lives of six others. >> gregg: baseball hall of famer earl weaver has died. he managed the baltimore orioles for 17 seasons. the cause of death has not as yet been determined. he was 82 years old. >> heather: those controversial full body scanners at the nation's airports are going away. the tsa removing the x-ray machines after coming under intense pressure by airline passengers who complained that their privacy is being violated. peter doocy reports from washington. >> the tsa told the maker of the scanning machines that took very revealing photos of air travelers to fix their software so
a generic body image. >>> house republicans are offering a debt ceiling deal rather than risk a new financial crisis. they will allow new government borrowing for three months, but they insist the senate must pass a budget within those three months. and to add more pressure to get a deal, they promise to withhold paychecks for whichever chamber, house or senate, doesn't pass a budget. >>> officials have issued a high surf advisory for the northern california coast this weekend. the good news -- that's just about perfect for 24 of the world's top surfers who are waxing down their boards for a big wave competition in half moon bay that starts on sunday. the bad news -- the other seven billion people in the world can't swim there. >>> that is the news. guys? back to you guys. >> thank you. >> you're from that area, aren't you -- >> yeah, yeah, no. i wouldn't ever surf. >> you're in the seven billion part. >> we'll be on the beach. >> yeah. >> i used to sit on half moon bay and watch it. exactly. >>> dylan dreyer has another check of the forecast. >> good morning, guys. a couple of birt
that the republicans who dug in their heels the last time around, when there was a big debt ceiling debate and this time around they said we're not going to give the president is pass, they will for three months, said they're kicking the can down the road again. this is what congress does so well, is that we have a huge looming problem, let's decide on it and deal with it in three months from now. >> tucker: and yes, it's a gimmick, but warms my heart and most american regardless of party feels the same way, if under this proposed bill congress does not cut spending and write up a budget, which they haven't done in three years in the senate, then members of congress will forfeit their pay. don't do your job, don't get paid. >> clayton: you're right to call it a gimmick, and i've never heard you agree with nancy pelosi. >> tucker: it's a wonderful gimmick, i endorse, why not? why are we paying these people if they're not writing budgets. >> clayton: they can't cash a paycheck unless they do their job. number one, they don't know if it's constitutional, you stop congress getting paid as a re
Search Results 0 to 48 of about 49 (some duplicates have been removed)